• Power transactions and trends | Q3 2015

    Q3 2015 saw upturn in utilities M&A activity, with deals surging to a five-year high dominated by US megadeals.

  • How infrastructure builds economies, communities

    Three-quarters of the infrastructure that we’ll need by 2050 doesn’t exist today. Learn a strategic approach to meeting the challenges of infrastructure projects.

  • Will microgrids be utility killers or saviors?

    In mature economies, microgrids have reemerged as a disruptive force. Will it be a threat or an opportunity for utilities?

  • Utilities Unbundled Issue 20

    It’s time for bigger, more innovative thinking around utility business models. We explore the latest trends in Utilities Unbundled.

  • Power transactions and trends | Q2 2015

    How can rapid transformation drive new trends for the power and utilities sector? We uncover answers in this edition of Power Transactions and Trends.

  • Reshaping the world’s energy markets

    Energy reform and unbundling is one of the most important challenges facing the power and utilities sector today.

  • Plug in Customer

    Why do most utilities struggle to satisfy customers? We explore key lessons learned and how to chart a more effective path for the future.

  • Plug in Tax

    What impact is transformational change in the power and utilities (P&U) sector having on the tax landscape? We explore in the latest edition of Plug in.

  • Power transactions and trends, Q3 2014

    Deal value in the first nine months of 2014 has already equaled 2013’s full-year deal value. What will drive M&A as we move toward 2015?

Power & Utilities

Helping you master transformation in power and utilities

Power and utilities companies globally face the triple challenge of improving environmental performance, keeping consumers’ costs down and maintaining system reliability.

Our Global Power & Utilities Center can help you meet the coming changes and resulting challenges. We have over 3,500 power and utilities professionals worldwide with the broad experience to help you create strategies for future growth.

Key issues shaping the power and utilities environment today include:

  • Reshaping the generation mix and renewing aging networks

    Faced with ongoing policy pressure to reduce carbon emissions, the sector has an opportunity to reshape the generation mix completely over the next 30 years, through a mix of technologies. But aging infrastructure means major investment decisions must be taken today.

    These will have implications across the value chain as networks respond to different demands from generators and suppliers.

    Companies are considering how best to react to the introduction of low-carbon generation technologies, with a host of ongoing ‘make or buy’ questions.

    Against the over-riding imperative of maintaining security of supply, key challenges include:

    • Deciding on the best generation mix for a particular market
    • Navigating policy regimes from country to country
    • Funding the acquisition or construction of low-carbon generation assets
    • Managing the risks of large-scale construction projects
    • Engaging with customers over the value of a low-carbon future.

    Related content

  • Accessing capital in times of austerity

    Power & utilities remains a hugely capital-intensive sector. The strategic allocation of available capital and access to new sources of finance will become increasingly important over the coming decade.

    Massive investment will be needed to:

    • Replace existing generation capacity, while taking account of environmental factors
    • Renew and upgrade aging network infrastructure
    • Transform today's networks into tomorrow's smart grids.

    Since the global financial crisis, P&Us have come under pressure to strengthen balance sheets. This has led to significant divestment programs in Europe, and a new round of consolidation in North America.

    Looking ahead, P&Us will have to raise and deploy capital on a huge scale, while engaging with a wide range of new finance providers and protecting credit ratings.

    Related content

  • Making sense of the smart transformation

    The introduction of smart technology is an immediate challenge in terms of funding and making the right technology choices.

    The focus of smart today varies.

    In Europe and the US, improving consumers' responsiveness to price signals and enabling the connection of distributed renewable power to the network is key. Elsewhere, improving network resilience and allowing large-scale power transmission is often more important.

    Either way, matching supply and demand will become increasingly complex.

    Longer term, smart technology is likely to cause major disruptions to existing business models and P&Us cannot afford to view it as simply an infrastructure upgrade.

    • All significant business processes will be affected by smart technology. Major change programs may be needed to realize potential benefits and keep stakeholders engaged.
    • P&Us need to get ready for the reality of 'big data'. Smart roll-outs will result in huge increases in data, and winners will be on top of this, able to handle the increased risks that the data flood brings and use the data to extract added value.
    • Individual state regulations supporting customer rights, such as meter opt-out clauses, will affect how P&Us do business.

    Smart grids will enable two-way energy flows, encouraging customers to play a new role in determining their energy consumption and putting new strain on existing network assets and mechanisms.

    Related content

Connect with us

Stay connected with us through social media, email alerts or webcasts. Or download our EY Insights app for mobile devices.

EY - Smart metering: transforming the energy future

Smart metering: transforming the energy future

Managing the smart transformation presents complex challenges. What lessons can we draw from our global experience? Also read our other articles on smart grid and metering issues.

Renewable energy country attractiveness indices

Renewable energy country attractiveness index

Our indices score 40 countries on the attractiveness of their renewable energy markets and focus on key quarterly developments and trends in the sector. Read more.